Sealmatic India raises funds via share issuance to expand into international markets and develop advanced seals.

Sealmatic India Ltd has received approval to issue 393,000 equity shares at Rs 637.10 each to non-promoters. The funds will support the company's expansion into high-demand API markets in India and the Middle East, and develop advanced seals for defense and nuclear industries. The investment aims to establish new business units in the Middle East, Europe, and the USA, enhancing Sealmatic's global market presence and capabilities over five years.

3 months ago
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